Finance Coordinator - Grants
Job Description
Title: Finance Coordinator - Grants
Company Name: World Vision Bangladesh - Cox's Bazar Special Zone
Vacancy: 1
Job Location: Cox's Bazar (Cox's Bazar Sadar)
Employment Status: Contractual
Educational Requirements:
∎ Master’s degree in accounting, finance, or business management
Experience Requirements:
∎ At least 5 year(s)
Job Responsibilities:
∎ 1.Grant Financial Management and Reporting:
∎ Advise program teams on resource integration options to meet match requirements of grants and on recovery of indirect and field ministry service costs for grants and private funding.
∎ Participate the financial part of the grant budget development during Design and Start-up workshops in close cooperation with the Grant Acquisition Management (GAM) Lead and Support Office (SO).
∎ Lead the development of the annual program team operating budget, monitor actual performance and develop project projections. Manage cash flow and forecasting and develop a reliable cash flow projection process and reporting mechanism that includes minimum cash threshold to meet operating needs.
∎ Analyze spending trends and provide feedback and analysis to team leaders and field colleagues on areas with significant over- or under spending.
∎ Develop financial management mechanisms that minimize financial risk and maintain internal financial control safeguards/mechanisms and coordinate all audit activities.
∎ Conduct reviews and evaluations for cost-reduction opportunities to ensure optimal utilization of financial resources. Support grant managers in identification and formulation of budget change requests (addenda/waiver/cost or no-cost extensions).
∎ Oversees all accounts, ledgers, and reporting systems, ensuring compliance with appropriate Generally Accepted Accounting Principles, regulatory requirements.
∎ 2.Compliance with Government Regulations and WVI Policies:
∎ Prepare close-out documentation at end of funding cycles in compliance with government regulations.
∎ Support government and World Vision International audits, provide required information and facilitate audit recommendations implementation.
∎ Consult Project Lead /CoP on cost allocations, general accounting, internal controls and
∎ administrative systems as required.
∎ Implement financial policies in accordance with World Vision Field Financial Manual, [DONOR] Rules and Regulations and local financial regulations.
∎ Practice standard financial systems, including implementation of good internal controls, asset monitoring and reconciliation of all funds accounts.
∎ Assure that all grant policies and regulations are adhered to in the charging of cost.
∎ Assure that cash transactions are well planned, controlled and reported.
∎ 3.Liaison and Networking:
∎ Liaise with appropriate partner offices regarding financial and accounting issues, escalate issues as per FFM escalation policy.
∎ 4.Leadership and People Management:
∎ Lead the team reporting to him/her in order to get high performance.
∎ Ensure performance management and staff development.
∎ 5.Sub-recipient Monitoring and Capacity Building:
∎ Coordinate/Manage and ensure Sub-recipients have internal control systems in place such that accounting records are complete, accurate and are maintained on a consistent basis within the generally acceptable accounting principles and in accordance with the donor regulations.
∎ Ensure timely submission of reports by sub-recipients to enable review and consolidation of report for timely submission to donor.
∎ Under-take regular field visits to ensure proper grant financial management and that Financial reports are consistent with the programmatic requirements and reports.
∎ Provide targeted training and capacity building for WV and sub-recipient finance staff on grant financial management and reporting.
∎ 6.Other Responsibilities:
∎ Perform other duties as assigned by line manager.
Additional Requirements:
∎ Master’s degree in accounting, finance, or business management.
∎ Excellent command of Excel and SunSystem.
∎ Fluency in English and Bangla, both written and spoken.
∎ Must be able to work with multiple deadlines and high demands.
∎ Ability to handle sensitive and confidential information with absolute discretion.
∎ 5+ years of solid experience in financial management and monitoring systems, preferably of large development programs, possibly complemented by academic expertise.
∎ Excellent financial and analytical skills.
∎ Excellent communication and drafting skills for effective reporting on programme financial performance.
∎ Ability to manage a financial/monitoring team and demonstrate leadership.
∎ Ability to monitor and evaluate financial and monitoring skills of communities through capacity-building efforts.
∎ Ability to operate in a cross-cultural environment requiring flexibility.
∎ Familiarity with the aid system, and understanding of donor and governmental requirements.
∎ Demonstrated expertise and experience in working in a consortium environment.
∎ Work in an international/domestic relief and development organization is preferred.
∎ Experience in managing inter-agency consortiums is preferred.
∎ World Vision is committed to first do no harm to children or adult beneficiaries, to respect the rights of all beneficiaries, and to uphold the best interests of children as a primary consideration in all actions and decisions; accordingly all the recruits will go through specific checks and compliance procedures in accordance to its Child and Adult Safeguarding Policy.
∎ World Vision Bangladesh has zero tolerance towards incidents of violence or abuse against children or adults, including sexual exploitation or abuse, committed either by employees or others affiliated with our work. World Vision Bangladesh as Child Safe Organization discourages anyone to apply with prior record of conviction related with child neglect, abuse and exploitation.
Salary: Negotiable
Compensation & Other Benefits:
∎ Mobile bill, Weekly 2 holidays, Insurance
∎ Festival Bonus: 1
Job Source: Bdjobs.com Online Job Posting.
Application Deadline: 10 Oct 2021
Company Information:
∎ 4 Oct 2021
∎ World Vision Bangladesh - Cox's Bazar Special Zone
∎ Address : Abedin Tower (2nd floor), 35 Kemal Ataturk Avenue, Banani, Dhaka - 1213, P.O. Box: 9071
Hotel Bay Marina, (1st Floor) Plot# 61, Block # B, PWD Residential Area, 4700 Cox's Bazar
∎ Web : http://www.wvi.org/bangladesh
Category: NGO/Development
:
Source: bdjobs.com
Deadline Expired on 10th Oct 2021
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